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Microcap & Penny Stocks : FNet=Internatl Voice/Fax/Data&Video Services ViaInternet -- Ignore unavailable to you. Want to Upgrade?


To: Bruce Hoyt who wrote (411)2/1/1999 2:57:00 AM
From: george willse  Respond to of 609
 
Bruce -

I agree. On the bright side, I think FTEL/FNET is attracting some underwriter action with there latest PRs. I would not be surprised if there were an positive announcement in the next several weeks on this score. Regardless, I hope FNET continues its expansion opportunities and that the IPO goes ahead with or without the underwriters. If we get the Nasdaq status, then Wall Street will be the judge. I think the smartest move FNET has made business wise so far is to concentrate on the over seas opportunities. They need the higher margins that the US, with AT&T and Sprint, are making it very hard to realize. I still think with USAT (and others) in the US and if FNET takes care of the rest of the globe (via JVs, etc.), they could capture that mythical 1% of the 1 trillion dollar market.

I do like all of those numbers!!

Cheers,

George